Income Inequality: Difference between revisions
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[https://www.aclu.org/campaigns-initiatives/systemic-equality-addressing-americas-legacy-of-racism-and-systemic-discrimination by ACLU 4/9/24] | [https://www.aclu.org/campaigns-initiatives/systemic-equality-addressing-americas-legacy-of-racism-and-systemic-discrimination by ACLU 4/9/24] | ||
Since our nation’s founding, discriminatory policies and laws have created an unequal system in which Black communities have had their civil rights and liberties denied and have been systematically locked out of opportunities in education, housing, employment and more. | Since our nation’s founding, discriminatory policies and laws have created an unequal system in which Black communities have had their civil rights and liberties denied and have been systematically locked out of opportunities in education, housing, employment and more. | ||
=====Six policies to reduce economic inequality===== | |||
[https://belonging.berkeley.edu/six-policies-reduce-economic-inequality by john a. powell 10/9/14 Othering & Belonging Institute] | |||
Results from the Fed's 2013 Survey of Consumer Finances show that the top 3 percent own 54.4 percent of America's wealth, an increase of almost 45 percent since 1989 and the bottom 90 percent own only 24.7 percent of wealth, a drop of 33.2 percent over the same time period. Similarly, the share of total income for the top 3 percent of families rose when compared to 2010 but the bottom 90 percent of families saw their share of total income declinePerhaps not surprisingly, the survey found significant disparities by race, class, homeownership status and education; with income and wealth increasing for non-Hispanic whites, the rich, homeowners and those with more education while it decreased for blacks, lower income households, renters and those with less than a college education. | |||
